Masco Corporation or Allegion plc: Who Leads in Yearly Revenue?

Masco Corporation vs. Allegion plc: A Revenue Showdown

In the competitive landscape of the building products industry, Masco Corporation and Allegion plc have been vying for dominance in annual revenue since 2014. Over the past decade, Masco has consistently outperformed Allegion, boasting an average revenue nearly three times higher. However, Allegion has shown impressive growth, with a 72% increase in revenue from 2014 to 2023, compared to Masco's 6% growth.

A Decade of Revenue Trends

Masco's revenue peaked in 2014 at approximately $8.5 billion, while Allegion's highest revenue was recorded in 2023 at around $3.7 billion. Despite fluctuations, Masco maintained a steady lead, except in 2019 when its revenue dipped to $6.7 billion. Allegion, on the other hand, demonstrated resilience, with a consistent upward trend, particularly from 2020 onwards.

This analysis highlights the dynamic nature of the industry and the strategic maneuvers by both companies to capture market share.